Stunned by gold’s record rise? There’s more to come, analysts say

Reuters/Peter Hobson/8-5-2020

cartoon image of rocket launching‘The speed at which gold has broken above $2,000 an ounce has left some in the market fearing a correction, but many analysts predict more gains as the coronavirus crisis spurs investors to buy into bullion’s relative safety.”

USAGOLD note:  This article goes on to offer a balance of bullish and bearish opinion on what’s next for the yellow metal.  And yes …… I think even gold market veterans are stunned by both the speed and magnitude of the move.

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